Common use of Issuance of the Common Stock Clause in Contracts

Issuance of the Common Stock. (a) The Company will issue to the Grantee the Common Stock underlying the vested Restricted Stock Units on the Vesting Date or, if earlier, upon the occurrence of a Vesting Event. (b) Except to the extent provided by Section 409A of the Code and permitted by the Company, no Stock may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (c) The Company's obligations to the Grantee with respect to the Restricted Stock Units will be satisfied in full upon the issuance of shares of Common Stock corresponding to such Restricted Stock Units.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Harsco Corp), Restricted Stock Units Agreement (Harsco Corp)

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Issuance of the Common Stock. (a) The Company will issue to the Grantee the Common Stock underlying the vested Restricted Stock Units on the applicable Vesting Date or, if earlier, upon the occurrence of a Vesting Event. (b) Except to the extent provided by Section 409A of the Code and permitted by the Company, no Stock may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (c) The Company's ’s obligations to the Grantee with respect to the Restricted Stock Units will be satisfied in full upon the issuance of shares of Common Stock corresponding to such Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Harsco Corp)

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Issuance of the Common Stock. (a) The Company will issue to the Grantee the Common Stock underlying the vested Restricted Stock Units on the applicable Vesting Date or, if earlier, upon the occurrence of a Vesting Event. (b) Except to the extent provided by Section 409A of the Code and permitted by the Company, no Stock may be issued to the Grantee at a time earlier than otherwise expressly provided in this Agreement. (c) The Company's obligations to the Grantee with respect to the Restricted Stock Units will be satisfied in full upon the issuance of shares of Common Stock corresponding to such Restricted Stock Units.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Harsco Corp)

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